Billing and Collections Specialist- Physician Billing

Welcome to Children's Hospital of Philadelphia, where our mission is to provide exceptional care and support to our young patients and their families. We are currently seeking a skilled and dedicated Billing and Collections Specialist to join our Physician Billing team. In this role, you will be responsible for ensuring accurate and timely billing of services provided by our physicians, as well as managing collections activities to maximize revenue. Our ideal candidate is a detail-oriented and organized individual with a strong understanding of medical billing processes and regulations. If you are passionate about making a difference in the lives of children and have a knack for problem-solving and communication, we would love to have you on our team.

1. Accurately and timely process billing for services provided by physicians.
2. Monitor and review claims for accuracy and completeness.
3. Communicate with insurance companies to resolve billing issues and ensure timely reimbursement.
4. Conduct regular audits to ensure compliance with medical billing regulations and guidelines.
5. Manage collections activities to maximize revenue and reduce accounts receivable.
6. Develop and maintain strong relationships with insurance companies, patients, and other stakeholders.
7. Work closely with physicians and other healthcare providers to resolve any billing-related issues.
8. Stay up-to-date on changes and updates in insurance and billing regulations.
9. Educate and train new team members on the billing and collections processes.
10. Maintain detailed and accurate records of billing and collections activities.
11. Identify and implement process improvements to increase efficiency and accuracy.
12. Collaborate with other departments, such as finance and patient services, to resolve billing-related issues.
13. Provide excellent customer service to patients and their families, addressing any questions or concerns related to billing.
14. Communicate with patients and families regarding their financial responsibilities and assist with setting up payment plans when necessary.
15. Adhere to all organizational policies and procedures related to billing and collections.

According to JobzMall, the average salary range for a Billing and Collections Specialist- Physician Billing in Philadelphia, PA, USA is $43,000 to $70,000 per year. This can vary depending on factors such as experience, education, and the specific company or healthcare facility where the specialist is employed. Some specialists may also receive bonuses or commissions based on performance.

The Children's Hospital of Philadelphia, also known by its acronym CHOP, is a children's hospital in Philadelphia, Pennsylvania. Its primary campus is located in the University City neighborhood of West Philadelphia on the campus of the University of Pennsylvania. The hospital has 594 beds and more than one million outpatient and inpatient visits annually. It is one of the world's largest and oldest children's hospitals and the first hospital dedicated to the healthcare of children.